taxpayers owning banking shares?

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Peter
Posts: 2692
Joined: Fri Jul 14, 2017 2:40 am

Re: taxpayers owning banking shares?

Post by Peter »

So we, the taxpayer, lend the banks our money, so they can lend it back to us, and charge interest on it?
We have need of you again, great king.
mynah
Posts: 97
Joined: Fri Jul 14, 2017 2:40 am

Re: taxpayers owning banking shares?

Post by mynah »

Well with ?37bn put in by 'the government' i.e the UK taxpayers depending if a billion is ?100m or ?1000m each taxpayer has put in roughly ?100 or ?1000.

We will be lucky if all the capital is ever be returned by the banks, let alone with any interest added.

Dave Wells
Posts: 2717
Joined: Fri Jul 14, 2017 2:40 am

Re: taxpayers owning banking shares?

Post by Dave Wells »



Dave Wells

http://www.dave-wells.co.uk
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